'Is the Demand for Skill Falling?

Many researchers have documented a strong, ongoing increase in the demand
for skills in the decades leading up to 2000. In this paper, we document a
decline in that demand in the years since 2000, even as the supply of high
education workers continues to grow. We go on to show that, in response to
this demand reversal, high-skilled workers have moved down the occupational
ladder and have begun to perform jobs traditionally performed by
lower-skilled workers. This de-skilling process, in turn, results in
high-skilled workers pushing low-skilled workers even further down the
occupational ladder and, to some degree, out of the labor force all
together.

If true, this would upset nearly everyone’s narrative apple cart, including
mine.